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20121231
20121231
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CSPAN
Dec 31, 2012 6:00am EST
if we had a little more that in washington, d.c. today and a little less of what we have. >> what do we have now? >> and overgrown city with too many politicians and lobbyists and consultants and media. seven out of the 10 richest counties in the united states, metropolitan washington, is the capital that cannot produce. it is the country that is still great with capital that is not. >> who in 1775 whatever predicted this? >> i suspect some of them were pretty cynical about politics. if you ever had an idea there would be a country of 300 million people with a capital that would have its finger on everything in the world, they might have been able to come up with a little pcynicism about that. >> said during the last years of the campaign of 2012, you started. >> the first time i did something like that was in the 1990's. i wrote a book about the english-speaking civil wars. the english revolution, the american revolution, and the american civil war. i did that because i cannot stand the idea of thinking about it bill clinton and newt gingrich too much. nice to take a vacation from thos
MSNBC
Dec 31, 2012 5:00am PST
along with sam stein and michael steele in washington. joining us also in washington, senior national correspondent for "bloomberg businessweek," joshua green. and joshua, before we go on to what led to this doomsday scenario that we're facing right now, which was all set up by lawmakers in washington, talk to me about what businesses are looking for and wall street is looking for. there will be reaction. there's always this discussion about the need for certainty. at best, we're going to get some sort of small deal that puts everything off, which makes this whole deadline make no sense. are businesses going to respond well to that? >> if we get a deal, yes. i mean, wall street all along has been looking to avert the fiscal cliff. and frankly, i don't think ceos and businesses care a whole lot about where income tax rates fall. in fact, you saw a number of ceos come out a few weeks ago and say they were happy for their taxes to rise, so long as washington could get a deal. i think they also expected a deal. and then over the last five days, as the talks seemed to fall apart, you saw t
CSPAN
Dec 30, 2012 8:00pm EST
, metropolitan washington, it is the country did is still great but a capital that is not. would have predicted that? >> if anyone would have guessed that there would be a country of 300 million people, they may wouldn't come up with a bit of cynicism. but they were dedicated people. >> you say, during the last four years, during the campaign of 2012, you stuck your nose at this. >> the first time i did something like that was back in the 1990's. i wrote a book about the english speaking civil wars, the american revolution. i did it thinking about bill clinton and newt gingrich. it was nice to take a vacation from those guys. when i ran out of gas writing books about politics and economics, which i did a number of between 2002 and 2008, and said it is time to go back in history again. hop in my time capsule and forget about these fellows. and i have forgotten about them pretty well. i cannot remember, for example, the name of the governor of texas who was such a jerk in the primary. [laughter] effect that he could not remember the departments in the government, i guess it is a little forgivable
ABC
Dec 31, 2012 5:00am EST
morning washington begins right now. live and in hd, this is "good morning washington," on your side. captioned by the national captioning institute --www.ncicap.org-- >> good morning, washington. it is monday, december 31, new year's eve. cynne simpson has the day off. let's get to jacqui jeras. cold temperatures to finish off 2012. >> it is. it still feels warm and fuzzy after the redskins victory. you're supporting that nice victory tied there, scott. our weather had line for today a pretty decent day overall. the crowds will be on the increase slowly throughout the day. temperatures, we will be at or just above the seasonal averages mid 40's. we have changes on the way, with a light rain and snow max expected for your new year's day. nothing should impact your troubles. our temperatures this morning in the '20s and a few 30's. we have 30 at reagan national. 24 at dulles. 21 in culpeper. our express forecast, looking for the clout to move in. that is the latest on your forecast. we will head over to traffic with steve. >> thank you. let's take a look at 270. checking to see if the
CBS
Dec 31, 2012 6:00pm EST
. ♪ >>> the washington redskins are playoff bound. tonight an almost surreal feeling at redskins park as the nfc championship begins to sink in. >>> but first, the u.s. is apparently going over the fiscal cliff. in just six hours across the board spending cuts and automatic tax hikes for all americans will kick in. lawmakers say they're close to an agreement. there are still some major sticking points. randall pinkston has the very latest. >> reporter: the gnat is close to a daily as the clock ticks toward mid nature and the nation teethers on the edge of the so-called fiscal cliff. >> let's pass the tax relief portion now. let's take what's been agreed to and get moving. >> reporter: the tentative deal would extend bush era tax cuts for families making $450,000 a year and individuals making 40 o,000. it would also extend unemployment benefits for one year. president obama said he would have preferred a grand bargain that solves all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. it may be we can do it in stages
NBC
Dec 30, 2012 11:30pm EST
to green bay saturday night on nbc while seattle will play at washington next sunday at 4:30 eastern. that game will be seen on fox. let's bring in tony dungy now. tony, what was the key for washington tonight? >> well, bob, i actually picked dallas in the pregame show because i didn't think robert griffin would be 100%. but for the redskins, i thought cris collinsworth hit the nail right on the head. jim haslett, their defensive coordinator, did a great job. he blitzed all night long, and dallas just did not handle it. it started out with the first third down pass where we get an interception and then it went all the way through the game until the big play at the end when tony romo threw another interception against the blitz, and that defense, they had confidence to put deangelo hall one on one on dez bryant and just blitz, and it really paid off for them. >> okay, coach, let's look ahead to the packers and the vikings. who do you like in that game in green bay? >> well, i like green bay, but for really one reason, and that's putting pressure on christian ponder. adrian peterson's
CNBC
Dec 31, 2012 1:00pm EST
hours to go. the music says it best perhaps. washington has been an absolute circus. now in the center ring in 30 minutes, president obama is set to deliver his remarks, we will have them of course live for you here now on "power lunch." let's look at the countdown clock. if we don't get a deal before time slip slides away, spending cuts and tax hikes are indeed the order of the day on this new year. happy new year, america. i'm sue herrera. we will start with john har wood at the white house in a few minutes. but amman starts us out. >> it seems they are really hashing out details of what to do about the sequester, those are the massive spending cuts. how long you delay those down and otherwise pay for them seems to be the crux of the negotiation going on behind closed doors right now but it is very difficult to find out exactly where these negotiations stand because all sides are being very, very mum. we can tell you that democrats appear to be getting a little bit concerned about where this is headed. take a listen to senator tom harkin who took to the senate floor earlier today. >>
FOX News
Dec 31, 2012 1:00pm PST
is the sentiment like? are people aware what is going on in washington, dc? are they upbeat? downbeat? unaffected? disaffected? what is the sense? >>reporter: it is an interesting year and the new year's eve ball takes on a different level of importance this year. we are right near times square, the crossroads of the world, right, where main street meets washington, dc, meets wall street street and it comes together and you can get a great feel of how real people, the average american, the average global citizen, reacts to things that are if many ways not only confusing and difficult to understand but uncertain so we caught up with them today. take a listen of everything they had to say how it is personal if some and how it will affect their paychecks and spending in the new year. >> it is everyone to blame. the congress needs to get their act together. that is my we opinion. >> we need spending cuts. >> spending cuts. >> that is not happening. >> everyone makes promises on both sides and no one has fulfilled the promises. >> it will affect everything including quality of life. >> both a mess. >>
ABC
Dec 30, 2012 11:35pm EST
news "washington weekly." >> what a big win for the redskins just a moment ago. >> heading to the playoffs for the first time since 1999. >> what an amazing feat for them, first time since 99. as donovana disaster theyb turned out to be, a sixth round pick. take a look. first quarter was scoreless. it is kicked off. the second interception thrown that quarter. off to a good start, but he get things going. the light of the game. s around -- delay of game. banks did this man, morris was fire -- thanks to this man, morris was on fire. third quarter, rg3 fix the handoff. -- fakes the handoff. in the fourth quarter, this is what happened. morris was like a train today, unstoppable. 200 yards. late in the fourth, 21-10 redskins. this was a game changer. 21-18 redskins, three minutes to go. the hero of the day, where did he come from? 28-18. right?for romo, >> not at all. >> i believe saturday would be game against seattle. t now, enjoy it. 7 wins in a row and this is what the town needed. >> celebrating tonight. landover will be rocking. >> after all of the injuries. here comes j
ABC
Dec 31, 2012 5:00pm EST
new spending. >> the stakes remain high. especially for the d.c. region. >> the washington region will suffer under sequestration far worse than other parts of the country. >> both sides still insist they want a deal. the senate and house to avoid the fiscal cliff, but the senate is pushing forward hoping they will have the deal by midnight tonight. we will technically go over the cliff on new year's day. the house hopes to fix everything on wednesday. they hope the markets will stay calm if the senate? today. mellon says they're happy with this final deal -- no one says they are happy with this final deal. reporting live from the capital rebecca cooper. >> jobs at the pentagon may be in jeopardy when we go over the fiscal cliff. they are not the only military related work at stake. northern virginia bureau chief jeff goldberg is live at the pentagon tonight. >> last week, defense secretary leon panetta said day-to-day operations would likely not change dramatically if we go over the fiscal cliff. any potential layoffs would probably not happen immediately. workers are watching th
ABC
Dec 31, 2012 4:00am PST
washington with more on the stalemate. tahman? >> reporter: john and paula, good morning. tension is growing here in washington, after weekend talks failed to lead to a deal. if there is no breakthrough today, the country will go over the cliff. talks continue but this morning, there is still no deal. >> we'll have further announcements, perhaps, at 11:00 in the morning. i certainly hope so. >> reporter: republicans and democrats negotiated all weekend, with the hope of passing legislation to protect most people from a massive tax hike. >> our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly. >> reporter: there was optimism about deal over the weekend, when the republican leader in the senate, mitch mcconnell, made an offer. that ended when harry reid said he could not present a counterproposal. in a hail mary, mcconnell phoned for help. >> i placed a call to the vice president to see if he could help jump start the negotiations on his side. i want everyone to know, i'm willing to get this done. but i need a dance partner.
CBS
Dec 30, 2012 5:30pm PST
,000, so, they are coming closer. they just are not there yet. reporting live in washington, back to you, ann. >> you talk about movement but let's say we go off of the cliff, when what happens in washington? can the new congress take action to avoid the difficulties? >> well, first of all, it is not a cliff, not a sudden drop to the bottom. it is a slope. some things will happen over time. the truth of the matter is, no matter how you look at it the economy will go down, a lot of people will be hurt. people who get unemployment benefits will will not get the checks, payments will stop. but the thinking is sometime after january 1st, after it takes effect if there is no deal cut, congress will quickly act to restore and do what they can to undo some of the damage. first thing to look at tomorrow, however, will be the stock market. the world markets are lookinga at what is going -- looking at what is going on in washington and we expect some serious aftereffects if nothing is done, sometime tomorrow. they still have until midnight tomorrow. >> good point, all right, thank you. >>> it was
MSNBC
Dec 31, 2012 2:00am PST
we'll get through this. do i wish that things were more orderly in washington? and ration enamel? and people listened to the best arguments and compromised and operate in a more thoughtful and organized fashion? absolutely. when you look at history that's the exception rather than the norm. >> now here is your "first look" at politics. long lines in florida discouraged 49,000 people in voting. on "meet the press" tom brokaw says there's a simple explanation for what's wrong with our election and lawmakers sent to washington. >> the system is rigged. 75% of the congressmen come from gerry mandered districts in which they are bullet proof. >> as 2012 comes to an end. the 112th congress will go down in history as the most unproductive in 60 years, only 219 bills have been passed and has become law compared to 380 bills passed by the last congress, 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress a 1% raise. >>> and the senate did put in some extra work hours last night but there was some g
SFGTV2
Dec 30, 2012 11:00pm PST
] ♪ >>> my name is mary numyer. i live in washington but met chris 26 years ago at hastings law school, two blocks from here. we were in the same section in the same study group. when we finished law school we both went to the east coast to work for large law firms. over the years we stayed in close touch. when chris was back from over seas we were frequent tennis partners and would get together for dinners and other events in washington. over the years our families became friends as well. it's been such a pleasure to come to know them and chris's many friends in washington and to watch his career unfold. we met on the first day of school. i sat down in our civil procedure class next to a person who turned out to be named chris highland. shortly thereafter chris stevens sat down next to me. the three of us went to lunch afterwards and became friends from that day forward. chris never tried to be someone special but he was someone special. when we were at hastings his charm and wit were on display from the start. in class he was very articulate and seemed as later in life always very poised
WETA
Dec 31, 2012 6:30pm EST
pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major averagesr closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has a few hours to go before its new year's day fiscal cliff deadline. darren
CBS
Dec 31, 2012 4:00am EST
>>> deadline day. a wide-ranging deal to avoid the fiscal cliff remains illusive and washington leaders have only hours to reach an agreement. >>> secretary of state hillary clinton is in a new york city hospital this morning being treated for a blood clot related to her concussion earlier this month. >>> and feats of bravery on a frozen lake. a half dozen people fall through a sheet of life while trying to save a man from freezing cold water. captioning funded by cbs >>> this is the "cbs morning news" for monday december 31st 2012. good morning, everybody, on this new year's eve. good to be with you. i'm terrell brown. secretary of state hillary clinton is being treated for a blood clot. doctors found it following a concussion. marlie hall is at presbyterian hospital this morning. good morning. >> reporter: good morning, terrell. mrs. clinton will spend the morning at the hospital as doctors keep her under close watch. they say she'll be under observation for 48 hours. as you mentioned, a blood clot was mentioned after she came in for a routine exam. it w
MSNBC
Dec 31, 2012 12:00pm PST
staring down the fiscal cliff. t-minus nine hours and counting and washington is wasting no time. senate minority leader mcconnell saying both sides are close to a deal. it's about time. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain. whatever you want to call it. that solves our deficit problems in a balanced and responsible way. with this congress, that was obviously a little bit too much to hope for at this time. it may be we can do it in stages. >> there are a number of issues on which the two sides are still apart but negotiations are continuing as i speak. but we really are running out of time. >> the vice president and i have worked together on solutions before and i believe we can again. >> no holiday for the best political team around. a triple threat, luke russert and mike viqueira on the capitol hill and kristen welker from the white house. are you happy to be working on the holiday? >> it's fantastic. >> absolutely. >> sounded believable. viq, let's start with you. we have news trickling out to
CNN
Dec 31, 2012 2:00am PST
let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like being aable to find service members. >> i'm an american woman who uses contraception. let's start ther
MSNBC
Dec 31, 2012 4:00am PST
to "morning joe." this morning, washington is just hours away from a self-imposed doomsday scenario, a deadline that was meant to force lawmakers to cut a deal to confront the nation's debt. in other words, this cliff-hanger has been two years in the making. >> i've said before that i felt that the middle-class tax cuts were being held hostage to the high-end tax cuts. i think it's tempting not to negotiate with hostage takers. unless the hostage gets harmed. then people will question the wisdom of that strategy. in this case, the hostage was the american people. and i was not willing to see them get harmed. now, is this the deal i would have preferred? no. but this compromise does make a serious down payment on the deficit reduction we need. most importantly, it will allow us to avoid default and end the crisis that washington imposed on the rest of america. it ensures also that we will not face this same kind of crisis again in six months or eight months or 12 months. and it will begin to lift the cloud of debt and the cloud of uncertainty that hangs over our economy. >> it's a re
FOX Business
Dec 31, 2012 11:00am EST
in the coming hour. a surprise in your check at the end of the week. the mess in washington leaves employers wondering how much they should with hold from your paycheck. the world, stuart was just showing you pictures of shanghai, the world already starting the celebration. the dawn of 2013. happy new year, everybody. there is a live look at shanghai, china. top of the hour. time now for stocks. >> good morning. searching for direction. not a big surprise for new year's eve. we have seen the dow down slightly. the nasdaq is up about 15. we are watching pfizer and bristol-myers squibb they just approved a stroke preventing tail. the market for this drug could be huge. 8 million worldwide have this disorder. a huge market here for the drug. it is facing some stiff competition. we are taking a look at the markets right now. bristol-myers is up slightly at the moment. dagen: thank you, diane. we will see you shortly. we are a little over 12 hours away from 2013. pc is then scramble mode. richmattson has this story. rich: significant progress in the last few hours. we have the leaders on capitol
FOX Business
Dec 31, 2012 1:00pm EST
to speak. if washington get together, it will be nice to see. shibani and ashley, this is the most unproductive congress sent 1947. ashley: that is not easy to do. shibani: there is a lot going on this year. i am shibani joshi. ashley: and i and ashley webster. fiscal cliff talks are stalling. tax hikes and spending cuts. president obama said to speak in about 30 minutes from now. shibani: stocks are holding their ground. waiting for some sort of news out of washington. the dow sitting at session highs. at least we are closing. ashley: it changes with every headline. the world ringing in the new year. new zealand, australia, japan, china, we will get a sneak preview of celebrations being planned as times square gets prepared for 1 million visitors. it is a complete nightmare. [ laughter ] ashley: time now for stocks now as we do every 15 minutes. we are up 51 points. not too bad on this last trading day of the year. >> that is right. the dow has been pretty flat. going back and forth between the red and green. the nasdaq is up 30. same goes for the s&p stock of about nine points. w
ABC
Dec 30, 2012 11:00pm PST
reporter has the latest from washington. >> the clock is ticking. negotiations are on going. at this point democrats and republicans remain at odds. >> regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do thought go up that would hurt our economy badly. we can get that done. >> president obama called for immediate action, but there was that vote in the senate tonight. >> we are going to come in at 11:00 a.m. tomorrow morning, and we will have further announcements perhaps at 11:00 in the morning. i certainly hope so. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible sticking point. the sticking point appears to be a willingness or interest or want to close the deal. >> drastic spending cuts will go into affect and taxes go up for everyone. the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points rema
ABC
Dec 31, 2012 6:00am EST
and gold are celebrating this morning, the washington redskins are in the playoffs after the -- beating the rival dallas cowboys last night at home at fedex field. the boys in the bargaining will play next sunday hosting the seahawks. fans are excited. >> maybe rg3 can help here on capitol hill. it is do or die today. the fiscal cliff deadline is just hours away and no deal. how high will taxes go? >> some homes in the prince william counties area will not be getting a local newspaper anymore. i will have details coming up. >> thank you. 2013 with these live pictures has started in some parts of the world. they are ringing in the new year with the big fireworks display right now in new zealand. beautiful display. good morning, washington. i am scott newman. i's check out our new your forecast. >> it is a pretty decent look at 2012. it 2013 not quite as gray. most of the week should be fine. we have the clouds pushing in from the west. they will slowly increase throughout the day today. i think we will have a lot of filtered sun shine through the morning hours. 21 in manassas. at 24, dul
CNBC
Dec 31, 2012 3:00pm EST
, based on what we know right now about the various details of what they're talking about in washington, you've liked stocks anyway. is this framework they're talking about a green light to buy stocks for you? >> it is. yes. we were pretty optimistic going into 2013. this just improves the outlook. >> in what way? how? >> well, i think some finality around where taxes are going to be is going to be very, very helpful. we can manage around the different tax rates in terms of capital gains issues and whatnot within portfolio locations. so knowing what those rates are going to be in managing around that will be helpful. stocks right now attractive from a valuation standpoint. i think it'll be a good 2013. >> brad fredelander, you have been skeptical of the market. does this deal help, do you think? >> well, it's certainly good news. i think -- i do have some concern that the market es at this point are in more fiscal harmony than the discord we've been seeing. we still have within six to eight weeks the debt limit issues as well. so i think there are going to be some hurdles early in the y
ABC
Dec 31, 2012 6:00pm EST
to ticket brokers. playoff tickets will be less expensive and sunday nights cowboys game. >> washington-seattle does not have the same drop as washington-dallas. >> on the official ticket exchange, the cheapest tickets for sunday's game is $147. compare that to $115 for the ravens playoff game in baltimore. tickets to the packers game start at $125. the texas game at $87. >> i am so excited. >> this longtime fan will be there on sunday. his tickets are like a burgundy and gold in his hand. >> i am glad to be a fan. i'm glad i got a bunch of tickets. >> the game is sold out. tickets on the secondary market from about $150 up to about $2,000. the only way there can be a second playoffs came its the redskins meet up with the vikings. we're live in landover. >> a fallen firefighters laid to rest today. we will show you more of the service of the volunteer killed during an ambush in new york. >> how to duck hunters ended up getting trapped on an island in montgomery county. >> if you love history, you'll not want to miss the chance >> a volunteer firefighter killed was laid to rest today. he
CBS
Dec 30, 2012 11:00pm PST
optimism is phasing. reporting live in washington. back to you, ann. >> i think a lot of us have been thinking really there was going to be a last-minute deal. sort of a play unfolding. that is too optimistic now? people are thinking it may not happen? >> reporter: well, you know, it is going to take a lot to come up with an agreement. i mean just look at how long they have been talking about it and it has not been done. now we are a day away before the clock strikes 12? and the automatic cuts take effect. so, yes, optimism is fading, people who on sunday morning thought there mighting a deal tonight are saying they don't think so. the cliff is ahead. >> all right, randall, in washington, thank you. >>> all right. it was not all gridlock in washington though. both parties agreed on a bill that will keep milk prices from doubling next month. agreeing on a 1-year extension on the farm deal. without it we could of paid $7 a gallon for milk. you can keep tabs on the fiscal cliff talks. 24/7 by logging on our web site. >>> well it started out as a winter day of fun in the snow and ice. th
FOX
Dec 31, 2012 12:00pm PST
. >>> and we're live in washington watching last-minute negotiations for the fiscal cliff -- at noon. >>> it appears that an agreement to prevent this new year's tax hike is within sight but is not done. >> a little more than an hour ago, the president said he's optimistic that the u.s. economy will not go over the fiscal cliff. that's one of the top stories this noontime. good afternoon. i'm david stevenson. >>> we begin with developing news at this hour. san jose police are investigating the city's 46th homicide of the year. it happened at an apartment complex on lewis road off monterey highway and janine de la vega joins us from the scene. janine, we understand police may no who may be responsible -- may know who may be responsible. >> reporter: that's right. they have two adult males detained and they are questioning them and treating them as persons of interests. homicide detectives are here at the sulker breeze apartments. all of the activities seem to be centered around a parking garage. just before 9:30 this morning, they received a 911 call that a man with a gun was at the -
NBC
Dec 31, 2012 4:30am EST
limit debate kicks off. reporting live in washington, back to you. >> thank you very much. we appreciate it. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house co. an hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthieri would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only beh that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't ha
FOX Business
Dec 31, 2012 3:00pm EST
are being held hostage you could say to what is happening right there in washington d.c. the traders are on the floor watching moment by moment. the new york stock exchange, cme, and the nymex. you just heard the representative. we have to wait for the senate. we cannot do anything into the senate comes out. what i noticed was 12:30 p.m. eastern when it was announced the president was going to speak the markets took off. when the president spoke the moderated and now we're back up and running. what are you seeing and how important is it? >> first of all, let the volume. continues to be low. i think we are getting -- this morning we had a bit of a technical rally. a massive short-covering. people want to go home in case we do is some kind of a deal. liz: but looking at, for example, the nasdaq. this is a decent job of close to two percentage points. it looks like people are at least trading. there has to be that feeling positivity. >> the president was very a beat. he really did sound good, confident, and very hopeful that he could still get something done. i don't think so. skype thi
FOX News
Dec 31, 2012 2:00am PST
about days we are down to hours for law americas to reach a deal. >> doug luzader live from washington with the latest. doug? >> a deadline is hours away come midnight. it's not just the tax hikes that are scheduled to hit it's big cuts in government spending as well. 2013 could be off to a difficult start if there is no resolution. listen to this bleak assessment from capitol hill. >> the future of the country rests in the hands of 70 and 80-year-olds who have jet lag it's probably not the best thing. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again later today and we are talking about something small here if anything a continuation of the busheir raw tax cuts for most ame
FOX News
Dec 31, 2012 3:00pm PST
will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in the air at this late hour. hi, mike. >> hi. bret. we hear from the republican s
NBC
Dec 31, 2012 5:00pm EST
's in washington. >> we are washington! >> reporter: they make starbucks. >> we make real bucks. >> reporter: their quarter become has a rating of 100. >> rg3 has 102. >> running become has 1590 yards. >> our running back has more. >> reporter: can we beat them? >> yes, el we can! >> reporter: can we beat them? >> yes we can! >> reporter: to redskins fans everywhere, cheers, happy new years. how did that get there? live in arlington, pat collins, news4. >> hey, he's starting a new trend. thanks, pat. >>> it's tough to talk smack when somebody is holding a plunger. >> you don't want to go through. maybe we can come together. >> i like that idea. >>> coming up next, we have a disturbing crime. the search for a man accused of shooting out windows at an elementary school. >>> plus a robber gets more than he bargained for. >>> another kardashian to keep up with. what kim is saying about having a baby with kanye west. >>> and fighting drunk [ male announcer ] now at your neighborhood subway: the big hot pastrami melt. we perfected the pastrami sandwich -- filled with hot, juicy pastrami, pickles,
NBC
Dec 31, 2012 6:00pm EST
trying to help. >>> time is almost up in washington. >> one things we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> it's ticking down. good evening, erv. >>> the senate deal looks close, but not close enough. steve handlesman reports on how house speaker john boehner will. >> reporter: john bain ircould change his mind, but unless he does and allows a vote, america goes off the fiscal cliff surrounding himself with middle-class americans, president obama had sounded optimistic this afternoon. it's not done. >> reporter: sources say taxes would rise on income over 4 to 500,000. a big win -- >> keep in mind just last month republicans in congress said they would never agree to raise rates. obviously the agreement is currently being discussed would raise those rates and raise them permanently. they made the president promising tax hikes above 250,000. not 450. >> well, i just think that's grossly unfair. >> a hangup -- democrats want a two-year postponement, cov
CNBC
Dec 30, 2012 7:30pm EST
and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked investors, the holiday shortened trading week was lighter in volume but higher in volatility. the worst decline of the month on thursday after a disappointing read on consumer confidence and some statements by congressional leaders. and yet, with one final trading day to go, all the major averages were still showing positive performance for the year of 2012. meantime, the u.s. is set to reach the debt limit on monday. that, according to treasury secretary tim geithner in a letter to congress, though, he did say he expects to take what he called extraordinary measures to extend the government's borrowing ability for another two months or so. and even your cup of coffee wants a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of bipartisanship to their drink orders and remind customers in our nation's capital to come together. >> wall street is typically quieter t
Univision
Dec 31, 2012 6:00pm EST
ajustarse a los nuevos cambios en washington dc lilian mass univision hacemos una pausa y enseguida regresamon s con este programa especial resumen de aÑo.... al regreso veremos los estragos que nos dejo la madre naturaleza... ya volvemos!!! la madre naturaleza paso factura en el 2012... dos fenomenos atmosfericos sembraron el panico y el terror... por un lado "sandy" amenazaba con ser la tormenta perfecta...y aunque en nuestra area no azoto con tanta fuerza.... fue "derecho" la que como ladron en la noche dejo muerte a su paso. claudia uceda tiene la historia. nat! lluvia escuchamos mucho sobre el huracan sandy... nat!!! (un metereologo hablando de otro newscast tiro amplio de otro) ...los pronosticos eran de temer " va a ser una mezcla sumamente explosiva .. es como si le echÁramos gasolina al fuego" y si! ... fue un ciclon devastador... pero aunque no lo crean, lo que mas afecto el area capitalina fue una tormenta inesperada el 29 de junio, en pleno verano, denominada : derecho "estaba todo oscuro, no se puede ver nada ..." (julio 2 claudia pkg) derecho azoto el area... las raf
FOX News
Dec 30, 2012 7:00pm PST
minute negotiations in washington right now. we are inside 30 hours from when we all go over the so-called fiscal cliff. if our elected leaders cannot fix the mess they set into motion. they are hoping for we understand a little divine intervention. >> oo have mercy upon us as we gather with so much work left undone. >> they have tried everything else. now praying for a solution to keep americans from feeling the impending higher taxes and deep spending cuts. the senate opening a sunday session with its chaplain. >> look and save us from self-inflicted wounds. >> our coverage continues as lawmakers are still at it. tonight. new video of a plane crash that appeared to leave no survivors the death tole rising. now we see this huge airliner crack into pieces. the latest on what happens here as investigators point to some equipment on boyered. >> al -- on board. >> also feeling the fight of winter weather again. northeast taking the brunt of a new system as many of you head this way to bring in the new year your travel forecast. >>> it has all come down to this again. crunch time in our
NBC
Dec 31, 2012 11:00am EST
a way of repeating itself. somehow washington never gets the message. >> president obama said he would push for a bill that would actually -- what it would do is include a renewal of the unemployment extension of the bush tax cuts for middle class americans who make less than $250,000 a year. some of us will be watching the ball drop in times square. we may hear the gauntlet drop on capitol hill. live in the newsroom. back to you. >> thank you, derek. >> we are also counting down to 2013. hundreds of thousands of people will bring in the new year in times square. organizers have been planning all year for the ball drop. wendy gi jlet has a look at the preparations. >> more than 2,000 pounds of confetti are in place. >> that's fantastic. >> ready to be thrown out by hand from buildings and times square at midnight. >> i have seen it on tv. looks like so much fun with the concerts and excitement in the air with people. >> it's magic. >> hundreds will come from all over the world. >> australia, canada, england. >> they will see the waterford crystal ball drop down a flagpole high above ti
NBC
Dec 31, 2012 6:30pm EST
in washington, both procedural and political as the white house and congress tried to find a way to avert those automatic tax and spending measures that kick in midnight tonight. the bottom line at this hour, we are headed over the proverbial fiscal cliff. we say that because the senate hasn't voted on any kind of deal. you see it there live. and the house has said even if there is a deal, they're not going to bring any bill to a vote on this new year's eve. so the big question tonight, what impact will it have on every american? we have all of it covered, and we begin with nbc's kelly o'donnell for the latest from capitol hill. kelly? >> reporter: good evening, kate. well, congress is out of time, and frustrations are really running over. and while democrats and republicans say they want to find a solution and they are working toward that, they don't have a deal yet, and that means for now there is nothing to vote on before tonight's deadline. with your money on the line, tonight washington can only claim progress. but not success. >> it appears that an agreement to prevent this new year's tax
CNBC
Dec 31, 2012 4:00am EST
>>> from nbc news in washington, the world's longest running news program. this is "meet the press." >> that's one of our key jobs, helping to restore american faith, what the stock market is all about. i have a certain vision for what this country is going to be for my kids. that gives me purpose. >> optimistic yesterday, but we don't yet see an agreement. now the pressure is on congress to produce. if they don't, what i've said is that in the senate, we should go ahead and introduce legislation that would make sure middle class taxes stay where they are and there should be an up or down vote. everybody should have a right to vote on that. if republicans don't like it, they can vote no. but i actually think there's a majority support for making sure the middle class families are held harmless. >> if you go over to cliff, what's the impact on the markets which have been pretty confident now it would get done? >> it's hard to speculate on the market, but obviously, i think business and investors will feel more negative about the economy next year. if you look at projections of 2013,
CNBC
Dec 31, 2012 9:00am EST
in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing suddenly got off the rails. take a listen to mitch mcconnell last night talking about the pace of the negotiations here and the frustration that he's experienced going through all of this over the weekend. take a listen. >> now, i'm concerned about the lack of urgency here. like we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that action is necessary. >> so now all eyes are focused on the senate for 11:00 this morning when they do reconvene. there were reports
CNN
Dec 31, 2012 6:00am PST
. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top diplomat. this morning secretary of state hillary clinton is waking up now in a new york hospital. she is being treated for a blood clot that formed after her fall and concussion that happened a few weeks ago. want to bring in dr. sanjay gupta, our chief medical correspondent. sanjay, explain this for us because, first of all, when you think about it, she developed this blood clot related to a concussion. you would think maybe the clot formed in the brain, but that's not necessarily the case. >> no, it's not necessarily the case. and i think saying it's related to the concussion, that may be putting that wrong impression possibly in people's minds. there's a really simple reason why, suzanne. she's being treated with blood thinners, or anti-coagulants. if this were a blood clot on top of the brain or around the brain, you wouldn
CNN
Dec 31, 2012 8:00am PST
sounding off on the silly games lawmakers are playing in washington. let's get off the politics and focus on the bottom line. how falling off the cliff would affect you and me. a roundtable of all stars joining me. hal sirkun, mya mcginnis, and contributor ryan lizzo. ryan, let me start with you on what's new this second. there's a lot of toing and free throwing about what the sticking points seem to be. it looks like a couple sources telling our chief white house correspondent jessica yel yellin that a possible delay of the sequester is a possibility. what are you hearing is happening right now? >> the big news and this is going to break your rule of what it talks about getting into the politics is what we saw with tom harkin on the senate floor. right now liberals and some prominent democrats are rebelling against what's being reported as the outlines of this it deal. the outlines of some reports are the threshold goes to $450,000, that's taxes would go up for income over $450,000. that's $200,000 higher than obama's campaign promise. there's a short-term extension of unemployment insur
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